Crop-loss band · Iowa
Hardin County, Iowa — crop-loss band
- 1.03Low end of the filed band
- 2.07Middle of the filed band
- 2.86High end of the filed band
- 2020Worst year filed (6.71)
- 10Years filed
Every year the Risk Management Agency has filed for Hardin County is in the series below, from 2015 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.03 at the low end to 2.86 at the high end, with 2.07 in the middle. The worst year filed is 2020, at 6.71. The band points are years the county actually ran, never a figure interpolated between two of them.
The county’s year-by-year record
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $189,922 | $543,618 | $3,296,619 | 104 | 104 | 2.86 |
| 2016 | $147,138 | $316,857 | $2,999,337 | 58 | 58 | 2.15 |
| 2017 | $166,163 | $401,824 | $2,693,160 | 94 | 94 | 2.42 |
| 2018 | $426,253 | $721,290 | $7,683,287 | 158 | 158 | 1.69 |
| 2019 | $727,221 | $2,032,246 | $12,579,148 | 257 | 256 | 2.79 |
| 2020 | $3,539,971 | $23,757,916 | $73,667,523 | 762 | 762 | 6.71 |
| 2021 | $1,027,465 | $2,124,159 | $14,990,567 | 155 | 154 | 2.07 |
| 2022 | $410,697 | $623,407 | $5,657,240 | 101 | 101 | 1.52 |
| 2023 | $6,438,758 | $6,617,184 | $89,145,724 | 506 | 505 | 1.03 |
| 2024 | $6,331,572 | $8,814,634 | $83,315,843 | 783 | 783 | 1.39 |
Commodities insured in Hardin County
2 commodities here clear the desk’s floors — at least five filed years and a quarter of a million dollars of filed premium. Each carries its own band, so a reader can read the commodity they actually farm rather than the county average.
Corn 10 years filed
- 1.01Low end of the filed band
- 2.41Middle of the filed band
- 3.37High end of the filed band
- 2020Worst year filed (7.14)
- 10Years filed
- $15,365,158Premium filed
- $37,437,519Indemnity paid
- $234,418,576Liability insured
- 211,153Quantity planted
- 259,037Quantity lost
- 1,794Policies
- 1,791Policies with a loss
- 2.44Loss ratio, whole span
Causes that carried the indemnity in Hardin County
- Wind/Excess Wind $15,535,117 indemnity · 5 years
- Drought $8,520,326 indemnity · 8 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $5,801,891 indemnity · 3 years
- Decline in Price $2,745,331 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $2,673,686 indemnity · 8 years
- Hail $1,892,775 indemnity · 8 years
Soybeans 10 years filed
- 1.20Low end of the filed band
- 1.83Middle of the filed band
- 2.68High end of the filed band
- 2020Worst year filed (4.08)
- 10Years filed
- $4,040,002Premium filed
- $8,515,616Indemnity paid
- $61,609,872Liability insured
- 104,397Quantity planted
- 106,487Quantity lost
- 1,184Policies
- 1,184Policies with a loss
- 2.11Loss ratio, whole span
Causes that carried the indemnity in Hardin County
- Drought $2,482,871 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $2,178,197 indemnity · 9 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $1,473,128 indemnity · 1 years
- Decline in Price $1,100,323 indemnity · 8 years
- Hail $970,059 indemnity · 9 years
- Wind/Excess Wind $103,742 indemnity · 1 years
Every county-crop the agency files in Iowa → Buy the Hardin County dossier →
Figures from the federal source files: EPA’s ECHO downloads, CMS provider files and the FMCSA census.
County cause-of-loss figures from the USDA Risk Management Agency’s Cause of Loss Summary of Business, county files, filed by the agency as a United States Government work. The loss ratio is the agency’s own published column: indemnity divided by premium, re-derived at the summed county-crop grain.